Saturday, April 26, 2008

Rosen on Executive Compensation Reform

Rosen Kenneth Rosen (Alabama) has just posted on SSRN his article Who Killed Katie Couric? And Other Tales from the World of Executive Compensation Reform.  Here's an excerpt from the abstract:

With average Americans perturbed about executive pay, government officials are taking action. Officials appear to be racing against each other to battle corporate excess. The U.S. Securities and Exchange Commission (SEC) engaged in major rulemaking related to the disclosure of executive compensation, and Congress quickly considered executive compensation legislation. More reform, however, is not always better. Concurrent reform by multiple regulators presents perils.

This Article adds to the dialogue about scandal-driven reform. While much discussion exists about the advisability of particular reforms, the focus here is on the process of reform. The Article conducts a comparative analysis of the SEC and House of Representatives' reform processes, which reveals that different policy-making processes may be more or less likely to yield positive reforms. The Article argues that promoting distinct, more delineated roles for certain public actors could improve synergies between regulatory reform efforts.

rb

https://lawprofessors.typepad.com/laborprof_blog/2008/04/rosen-on-execut.html

Scholarship | Permalink

TrackBack URL for this entry:

https://www.typepad.com/services/trackback/6a00d8341bfae553ef00e551fcdd5a8833

Listed below are links to weblogs that reference Rosen on Executive Compensation Reform:

Comments

Post a comment